HELOC draw for down payment?

by a searcher from The University of Texas at Austin - Red McCombs School of Business

8 months ago

Does SBA allow for Buyer's to draw on a HELOC for some or all of their down payment on a business acquisition?  Thanks in advance!

2 likes
121 views
8 comments

searcher from University of Pennsylvania - The Wharton School

Agreed

8 months ago | like reply | 0 likes

searcher from University College Cork

I agree with both

8 months ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Family office looking for traditional searchers

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Downsides of "buying a job" below 750k+ EBITDA?

6-7x for a Self-funded Search Deal?

Examples of self-funded searcher websites

Self Funded Acquisition: A few Things I Learned

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.